Warren Equity Partners Continues to Build SSP Innovations Platform
DENVER–(BUSINESS WIRE)–SSP Innovations, LLC (“SSP” or the “Company”), a provider of IT services
and software development to electric, gas, and water utilities,
announced the closing of the acquisition of Wind Lake Solutions, Inc.
(“Wind Lake”). Wind Lake, based in Milwaukee, Wisconsin, is an IT
services and software development company focused on delivering,
integrating, and optimizing Geographic Information Systems (“GIS”) for
utilities, telecommunication providers, and municipal government
organizations. Wind Lake provides GIS data maintenance, custom software
solutions for data integration, as well as a proprietary web-based
application that enables efficient inter-company communication,
management, and reporting associated with utility assets.
“We are proud to welcome Wind Lake to the SSP family,” said Skye Perry,
CEO of SSP. “Wind Lake is led by industry veterans who have strong
reputations for customer focus and employee engagement. Wind Lake’s data
solutions add a valued offering to SSP’s suite of services, and we are
looking forward to working with management to continue to grow the
business.”
Utilities and municipalities are accelerating their investments in
enterprise GIS solutions, and in conjunction with the widespread
adoption of GIS, organizations are becoming increasingly dependent on
third party solutions to update and manage GIS-specific data and
applications. Wind Lake provides solutions to these challenges by
providing data extensions and enhancements, data migration, work order
backlog management, geospatial data models, and data QA/QC.
“SSP and Wind Lake have a long history of working together and are an
excellent cultural fit,” said Scott Bruckmann, Partner at Warren Equity
Partners. “Since our original investment in SSP, we have been seeking to
grow SSP’s data management offerings due to customer demand, and Wind
Lake was the ideal acquisition candidate.”
SSP plans to continue to expand its service offerings and geographic
footprint through a combination of organic growth and add-on
acquisitions.
This transaction is SSP’s second add-on acquisition since Warren
Equity’s investment in April 2017.
About SSP Innovations, LLC
SSP, headquartered in Centennial, Colorado, is an IT services and
software development company focused on delivering GIS and workforce
management solutions to electric, gas, and water utilities as well as
oil & gas pipeline operators and telecommunication providers. More
information about SSP is available at http://sspinnovations.com/.
About Warren Equity Partners
Warren Equity Partners is a private equity firm that invests in small
and middle market operating companies primarily in North America. The
firm invests in established companies where additional capital and
operating resources can accelerate growth, targeting companies in the
industrial, infrastructure, and business services sectors. Warren Equity
invests in the form of buyouts, growth equity, and recapitalizations.
For more information, please visit www.warrenequity.com.
Contacts
SSP Innovations, LLC
Keith Freeman, 305-773-6430